Abstract: Do you ever wonder 'Why?' Lean Portfolio Management (LPM) practices are not more prevalent? Do you think about 'Who/What?' is the laggard in your organization's lean-agile journey? Would you agree that adopting LPM can result in exponential improvements?
We know only too well, that managing agile teams in a traditional project management structure is like sticking a square beg in a round hole. If you are managing agile teams with 'traditional' management practices then you are slowing down the teams, and slowing down how the company operates. Essentially stifling the companies ability to improve on all levels. I assume that we all know this. Right? So, what is preventing greater adoption of LPM? Is it fear? Is it a lack of knowledge? A lack of experience or practical guidance?
This session is going to explore the latter. Essentially the session is a call-to-action for implementing Lean Portfolio Management (LPM) practices: it melds theory, practice and introspection to provide actionable insights. In the spirit of agile let us quickly define the problem, examine a hypothesis, and share experiments you can try/test.
As art imitates life, and music never fails to inspire us: can a song written in the summer of 1976 inspire us about the importance of Lean Portfolio Management, and help influence a call-to-action? Let's have a little fun as we explore the world and benefits of LPM.
The session explores the theory, and practices of LPM, with the main focus on LPM success patterns, know-how, tips/tricks that you are encouraged to take back to the office, and start experimenting with. The major practices/processes of a mature LPM will be covered: Ideation, Planning/Re-Planning, Prioritization, Budgeting etc. Remember, a LPM mindset can deliver the next level of (exponential) improvement for your organization.
Learning Outcomes: - 1). Every audience member becomes a strong advocate and influencer for implementing LPM.
- 2). Learn small experiments, practices, tips/tricks, techniques for how to start implementing [and iterating on], the fundamentals of LPM budgeting and planning.
- 3). How to use an agile mindset to help with the adoption of LPM: challenge the frameworks, the naysayers, and continuously improve, so agile ways of working may thrive in organizations. Reinforce the need for test and learn cycles at the Portfolio level is a key part of this message, and the examples that will be provided.
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